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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 997 · 40 questions
TalentJR

How to work it out (P × R × T over 100): Simple interest SI = P × R × T ÷ 100 (P = money kept, R = rate % a year, T = years). Amount = P + SI. Rate R = SI × 100 ÷ (P × T); time T = SI × 100 ÷ (P × R).

NameDateTime takenScore ___ / 40
  1. 1.Aarav keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  2. 2.Dev keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 1 year?
  3. 3.₹4000 earns ₹840 simple interest at 7% a year. For how many years was it kept?
  4. 4.₹5000 earns ₹450 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.Isha keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  6. 6.Kabir keeps ₹500 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.Dev keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 4 years?
  8. 8.Aarav keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  9. 9.₹3000 earns ₹1650 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.₹500 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  11. 11.₹5000 earns ₹400 simple interest at 2% a year. For how many years was it kept?
  12. 12.Dev keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 3 years?
  13. 13.Dev keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 3 years?
  14. 14.₹2000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  15. 15.₹1000 earns ₹100 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.Sara keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 2 years?
  17. 17.₹5000 earns ₹250 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.₹1000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.Isha keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  20. 20.₹5000 earns ₹1050 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.Riya keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 2 years?
  22. 22.₹2000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  23. 23.₹4000 earns ₹960 simple interest in 3 years. What is the rate of interest per year, in percent?
  24. 24.₹4000 earns ₹1440 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.Ishaan keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  26. 26.₹5000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  27. 27.Riya keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.Dev keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 3 years?
  29. 29.Kabir keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  30. 30.₹2000 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  31. 31.₹2500 earns ₹625 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.Kabir keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.Aarav keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  34. 34.Rohan keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  35. 35.Riya keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.Sara keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 4 years?
  37. 37.Riya keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 1 year?
  38. 38.₹500 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  39. 39.Riya keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 2 years?
  40. 40.₹500 earns ₹45 simple interest at 9% a year. For how many years was it kept?

Answer key

  1. 200
  2. 75
  3. 3
  4. 9
  5. 4800
  6. 650
  7. 800
  8. 45
  9. 11
  10. 2
  11. 4
  12. 330
  13. 960
  14. 5
  15. 2
  16. 120
  17. 5
  18. 12
  19. 6000
  20. 7
  21. 30
  22. 4
  23. 8
  24. 12
  25. 4200
  26. 4
  27. 4160
  28. 75
  29. 30
  30. 2
  31. 5
  32. 5200
  33. 3270
  34. 250
  35. 1560
  36. 420
  37. 120
  38. 2
  39. 300
  40. 1

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